So this really is not a strategy, it reminds us of Martingale, which is dangerous too.
Because of this, OptionBot 3.
This software is not free in any way. Why Trend Xpert is scam They claim that this system will teach you how to trade in binary options but there is really no significant information on this site.
Most of the Trend Xpert introduction video consists of things we have heard of severally and there is nothing new that a binary options trader can pick from it. Apart from that, there are no informational articles and videos that can give you direction of what you need to do should you decide to diversify into manual trading. Despite the fact that this is a learning tool, it is surprising how they try to make you feel that you do not need knowledge or experience of any kind to join.
The people who give their Trend Xpert testimonies claiming to have made profits from this system have not provided any evidence. We would expect that they at least show us their trading accounts with them logged in but there is none of that. They are just giving us empty words which we all know anyone can easily come up with to convince unsuspecting traders.
The alleged CEO only gives us one name which we cannot even use to trace him online. Apart from that, he does not really speak like someone with a lot of experience rather like a person who is just after getting you to sign up. Traders can customize how sensitive the software is, so you can really focus on particular market activity. This really helps when you combine the economic news and calendar within the software, which help you identify trading opportunities throughout the day.
Placing a single large trade like this can be extremely risky. If the trade expires even 1 PIP out side of your strike point, you have lost! You would be surprised how many times this happens, even to experienced traders. Whether you are looking to earn a little extra cash on the side, or turning binary options trading a full time job. OptionXpert offer 2 options when it comes to training. Live Daily Webinar Training Hosted twice a day 5 days a week, Ben Newman trades live using the TrendXpert platform and implementing the spreading method.
At the same time giving a detailed explanation of what economic events or news has led him to place the trade. Remote access programs, allow them to control your mouse and see your screen whilst talking you through everything on the phone or Skype. Pretty much the best next thing to being in the same room as them. Imagine placing the same trade with five brokers and losing all of them. You would then have to make 7 winning trades to recover the loss! So this really is not a strategy, it reminds us of Martingale, which is dangerous too.
Why do you have to immediately risk your own money? As we said, all scams do this. They push especially US traders to unregulated brokers with a very doubtful reputation.
There are also a few regulated brokers in their list, like Banc de Binary, but this broker has a bad reputation too, we hear a lot of complaints about Banc de Binary.
We would like to show you a description here but the site won’t allow us.
So TrendXpert, founded by Keith Wareing and Ben Newman, is a trend indicator service that provides users with trends based on select market indicators. Unlike most scam robots, they are not free and provide several account tiers. This is because TrendXpert was also a binary options education site and provides paid webinars as well. So. Trend Xpert doesn’t provide any contact information, meanwhile Option Xpert does. But the address is strange, it does not correspond fully with the real registered company in Spain, see the second picture on the right.
Trend Xpert Easy to use Interface. Navigating through binary trading software is important as far as maximizing profits is concerned. With Trend Xpert, it is easy to browse around thanks to the well designed interface. Once you are done with the registration, you are allowed to create a unique username and password. Trend-xpert has the lowest Google pagerank and bad results in terms of Yandex topical citation index. We found that lokersumbagut.ga is poorly ‘socialized’ in respect to any social network. According to Siteadvisor and Google safe browsing analytics, lokersumbagut.ga is quite a safe domain with no visitor reviews.
Not industry trends (smartphone screen sizes, car interior colors, airline seat legroom, etc). Not macro trends (think aging populations, climate change, increasing economic . Trend Signals are generated automatically by the software to help identify changes in market activity, and help to identify trends in the markets as they emerge. News Signals These are based on key economic events.